Search Results for Bernard Madoff

A former accountant for Bernard Madoff pleaded guilty Tuesday to charges connected to Madoff's multibillion dollar Ponzi scheme. Paul Konigsberg, a 78-year-old former senior tax partner at Konigsberg Wolf & Co and the last defendant in the Madoff prosecutions, pleaded guilty to one count of ...[read more]

A federal jury in the US District Court for the Southern District of New York on Monday returned a guilty verdict for five former associates of Bernard Madoff on charges they aided and profited from the Ponzi scheme that defrauded billions of dollars from investors. The former co-workers include: ...[read more]

A judge for the
US District Court for the Southern District of New York approved a deal on Wednesday between the US Attorney's Office for the Southern District of New York and JPMorgan Chase to settle the criminal charges of failure to report suspicions about Bernard Madoff's Ponzi scheme. The ...[read more]

The US Attorney's Office for the Southern District of New York entered into a deferred prosecution agreement with JP Morgan Chase & Co. on Tuesday, which stipulates the bank will pay $1.7 billion to the US government for its role in the Bernard Madoff Ponzi scheme. A criminal complaint was ...[read more]

The US Court of Appeals for the Ninth Circuit on Monday refused to reinstate a lawsuit against the US Securities and Exchange Commission (SEC) by investment fraud victims of disgraced financier Bernard Madoff. The investors had sued the SEC under the waiver of sovereign immunity in the Federal ...[read more]

Irwin Lipkin, a former controller of Bernard L. Madoff Investment Securities LLC, (BLMIS) pleaded guilty in a Manhattan federal court Thursday to falsifying records. The full range of charges to which Lipkin has pleaded guilty include conspiracy to commit securities fraud, to make false filings ...[read more]

Madoff trustee Irving Picard has asked a bankruptcy court to approve the release of between $2.5 and $3.5 billion in recovered assets so that it can be distributed to victims of the Bernard Madoff Ponzi scheme. Picard has recovered over $9 billion in assets on behalf of Madoff victims but was ...[read more]

Peter Madoff, brother of disgraced financier Bernard Madoff pleaded guilty Friday on charges connected with Bernard Madoff's multibillion dollar Ponzi scheme. He agreed to serve 10 years in prison and give up all of his assets in exchange for permission to remain free until the US District Court ...[read more]

A New York judge on Friday approved a $410 million settlement agreement between hedge fund manager Ezra Merkin and the state of New York in a lawsuit connected with the Bernard Madoff Ponzi scheme. New York state brought suit against Merkin in 2009, accusing him of directing funds into Madoff's ...[read more]